Elektro Degroote: what changed
Elektro Degroote
Largest movements
- Tangible fixed assets -€31,984
down €31,984 (-24.6%), from €129,912 to €97,928
of which Land and buildings: -€29,870
- Stocks and contracts -€6,197
down €6,197 (-13.2%), from €46,993 to €40,796
- Cash -€3,227
down €3,227 (-10.5%), from €30,838 to €27,612
mainly Other debts (-€46,421) and Trade debts (-€15,536)
- Receivables within one year -€2,422
down €2,422 (-9.1%), from €26,651 to €24,230
of which Other amounts receivable: -€9,922
- Other debts -€46,421
down €46,421 (-94.7%), from €49,015 to €2,594
- Debts after one year +€15,609
up €15,609 (+12.3%), from €127,358 to €142,967
of which Other amounts payable: +€35,000
- Trade debts -€15,536
down €15,536 (-46.9%), from €33,147 to €17,611
- Tax, wage and social debts +€2,465
up €2,465 (+33.5%), from €7,365 to €9,831
of which Taxes: +€2,439
- Gross operating margin -€36,946
down €36,946 (-48.3%), from €76,517 to €39,571
- Staff costs -€34,004
no longer reported in 2026 (was €34,004)
- Financial income +€884
new in 2026: €884
Change in the result, 2025 to 2026
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2025 and 2026 balance sheets and the 2026 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €237,020 | €193,823 | -€43,197 | -18.2% |
| Fixed assets | 21/28 | €129,912 | €97,928 | -€31,984 | -24.6% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €129,912 | €97,928 | -€31,984 | -24.6% |
| Land and buildings | 22 | €124,396 | €94,526 | -€29,870 | -24.0% |
| Plant, machinery and equipment | 23 | €5,516 | €3,402 | -€2,114 | -38.3% |
| Current assets | 29/58 | €107,109 | €95,895 | -€11,214 | -10.5% |
| Stocks and contracts in progress | 3 | €46,993 | €40,796 | -€6,197 | -13.2% |
| Stocks | 30/36 | €46,993 | €40,796 | -€6,197 | -13.2% |
| Amounts receivable within one year | 40/41 | €26,651 | €24,230 | -€2,422 | -9.1% |
| Trade receivables | 40 | €16,729 | €24,230 | +€7,501 | +44.8% |
| Other amounts receivable | 41 | €9,922 | - | -€9,922 | |
| Cash at bank and in hand | 54/58 | €30,838 | €27,612 | -€3,227 | -10.5% |
| Deferred charges and accrued income | 490/1 | €2,626 | €3,257 | +€632 | +24.1% |
| Total equity and liabilities | 10/49 | €237,020 | €193,823 | -€43,197 | -18.2% |
| Equity | 10/15 | €1,315 | €1,429 | +€115 | +8.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,945 | -€12,831 | +€115 | +0.9% |
| Amounts payable | 17/49 | €235,706 | €192,394 | -€43,312 | -18.4% |
| Amounts payable after more than one year | 17 | €127,358 | €142,967 | +€15,609 | +12.3% |
| Financial debts | 170/4 | €127,358 | €107,967 | -€19,391 | -15.2% |
| Other amounts payable | 178/9 | - | €35,000 | +€35,000 | |
| Amounts payable within one year | 42/48 | €108,348 | €49,427 | -€58,921 | -54.4% |
| Current portion of amounts payable after more than one year | 42 | €18,821 | €19,391 | +€570 | +3.0% |
| Trade debts | 44 | €33,147 | €17,611 | -€15,536 | -46.9% |
| Suppliers | 440/4 | €33,147 | €17,611 | -€15,536 | -46.9% |
| Taxes, remuneration and social security | 45 | €7,365 | €9,831 | +€2,465 | +33.5% |
| Taxes | 450/3 | €4,828 | €7,267 | +€2,439 | +50.5% |
| Remuneration and social security | 454/9 | €2,538 | €2,564 | +€26 | +1.0% |
| Other amounts payable | 47/48 | €49,015 | €2,594 | -€46,421 | -94.7% |
| Remuneration, social security and pensions | 62 | €34,004 | - | -€34,004 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,413 | €31,984 | +€571 | +1.8% |
| Other operating charges | 640/8 | €3,220 | €3,613 | +€392 | +12.2% |
| Gross operating margin | 9900 | €76,517 | €39,571 | -€36,946 | -48.3% |
| Operating profit (loss) | 9901 | €7,879 | €3,974 | -€3,905 | -49.6% |
| Financial income | 75/76B | - | €884 | +€884 | |
| Recurring financial income | 75 | - | €884 | +€884 | |
| Financial charges | 65/66B | €4,905 | €4,602 | -€303 | -6.2% |
| Recurring financial charges | 65 | €4,905 | €4,602 | -€303 | -6.2% |
| Profit (loss) for the period before taxes | 9903 | €2,974 | €257 | -€2,718 | -91.4% |
| Income taxes | 67/77 | €140 | €142 | +€2 | +1.5% |
| Profit (loss) for the period | 9904 | €2,835 | €115 | -€2,720 | -95.9% |
| Profit (loss) for the period to be appropriated | 9905 | €2,835 | €115 | -€2,720 | -95.9% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.